40 point buy? Wow. Never saw a point buy that high.
Well templates become quickly common as the campaign progresses. So the point buy is to make it so that RP possibilities are a bit more expanded. Though I do suggest people look into down-the-road investments.
Really plan on the prestige class (If any) you plan to take.

(Dungeons & Dragons)
Rulebook featuring "high magic" options, including a host of new spells.